No Red Signal for Metro Rail

Posted : September 17, 2014 at 6:53 pm IST by ManaTeluguMovies

Following reports in various sections of media and even in business circles that L & T Metro Rail Corporation expressed its inability to continue the project due to pressures from various quarters over realignment of design, Telangana CM KCR called for a meeting with Vivek Gadgil, CMD of L&T Metro Rail Corporation.

Hyderabad is turned a worried lot over the leaked letter allegedly written by the CMD to Telangana Government. The letter comprising of 8 pages spoke on various issues about project viability, cost escalation after the bifurcation.

Metro Rail MD NVS.Reddy held emergency meetings with CM KCR along with chief secretary Rajiv Sharma. Later he announced that Metro Rail is on track and communication between Government and L&T is common and one shouldn’t see red signal in Metro Rail arrival. He said though some speedbrakers are there, they will sort out with numerous letters, communications and meetings. He said the project is progressing at quick pace to be on track.